You are allowed to collect Social Security and earn wages from your employer. However, if your wages exceed $15,480 in 2014, your Social Security benefits will be reduced by $1 for every $2 you earn above that level.
The typical self-storage development cost ranges from $34 to $42 per gross building square foot. Again, this variance is dependent on land, construction and cost of financing. However, it is important to remember that there is a relationship between market rents and development cost.
This figure should include all rent and insurance premiums paid on the space where the inventory is stored. For example, if you rent a warehouse to store your inventory at a monthly cost of $2,000, the annual storage space cost is $2,000 x 12 = $24,000. Determine the annual taxes paid on the inventory held. You can typically get this information from your company's balance sheet or from your company's accountant.